FINANCIAL WORLDWIDE CRISIS: THE ANTI-COUNTER CYCLE OF AUSTRALIA
Document
Metadata
Title
FINANCIAL WORLDWIDE CRISIS: THE ANTI-COUNTER CYCLE OF AUSTRALIA
作者
POU, BOEY TANG | TRIMARCHI, MICHAEL | NEGREIROS, JOAO
PUBLISH YEAR
2013
FACULTY / RESEARCH UNIT
摘要
IF AUSTRALIA HAS BEEN SUBJECT TO MAJOR INFLUENCES BY THE UNITED STATES AND EUROPEAN COUNTRIES, WHY IS ITS ECONOMY HEALTHIER THAN THEIR COUNTER PARTNERS? WHAT ARE THE ECONOMIC FOUNDATIONS THAT UNDERLINE THIS ANTI-COUNTER CYCLE OF FINANCIAL WORLDWIDE CRISIS FROM AUSTRALIA? WHAT ARE SOME OF THE LESSONS THAT COUNTRIES FROM EUROPE THAT HAVE NOT FARED DURING THE CURRENT FINANCIAL WORLDWIDE CRISIS SHOULD LEARN FROM AUSTRALIA? THE PURPOSE OF THIS PAPER IS TO REVIEW THE PRESENT AUSTRALIAN MANAGEMENT SYSTEM. FOUR CHANGES ARE IDENTIFIED INCLUDING EMBRACEMENT OF CORPORATE GOVERNANCE, A SHIFT TO ADOPT MORE R&D ACTIVITIES, A SHIFT TO ADOPT ENVIRONMENTAL SUSTAINABILITY PRACTICES AND EMERGING CORPORATE SOCIAL RESPONSIBILITY. ON THE CONCLUSIONS SETTINGS, A RECAP AND RECOMMENDATION ON HOW PORTUGAL, A MEMBER OF THE PIGS (PORTUGAL, ITALY, GREECE AND SPAIN) SOUTHERN EUROPEAN COUNTRIES CLUB FORGOT TO EMBRACE DIRECTIVES THAT HAVE BEEN APPLIED IN AUSTRALIA, TO AVOID THE ACTUAL FINANCIAL AND IDENTITY CRISIS.
DOCUMENT TYPE
Part of
JOURNAL OF THE FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES, ÇANKIRI KARATEKIN UNIVERSITY
ISSN
1308-5549
